DATA Technical Analysis - DATRIX SPA

Technical Rating and Analysis

Overall DATA gets a technical rating of 0 out of 10. DATA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

94% of all other stocks performed better in the past year than DATA.

DATA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month DATA has a been trading in the 1.13 - 1.72 range, which is quite wide. It is currently trading near the lows of this range.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.

DATA is an average performer in the Software industry, it outperforms 42% of 101 stocks in the same industry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

DATA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.26. Right above this resistance zone may be a good entry point.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.13

1.33

3 important support areas can be observed.

Support @1.25 from a trend line in the daily time frame.
Support @1.19 from a trend line in the daily time frame.
A support zone ranging from 1.14 to 1.14. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

A resistance zone ranging from 1.26 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @1.32 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for DATA.MI is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for DATA.MI is neutral.
ChartMill Relative Strength	6.99	NEGATIVE	DATA.MI has a low relative strength, it was outperformed by 93.01% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of DATA.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of DATA.MI is above a declining SMA(50).
Relative Strength Index/RSI (14)	49.8	NEUTRAL	The RSI value for DATA.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests DATA.MI has a positive trend.
Stochastics (14,3)	38.89	NEUTRAL	The Stochastics value for DATA.MI is a neutral value.
Average True Range in percent/ATR (20)	8.19	HIGH VOLATILITY	The high ATR as a percentage value for DATA.MI suggests high volalility.
Average Directional Index/ADX (14)	21.05	NEUTRAL	The ADX value for DATA.MI suggests a possible start of a new trend.